Wednesday, July 11, 2007

Nordic Hydropower Reserves Rise Faster Than Normal on Rainfall, Snow Melt

(Bloomberg) -- Norwegian and Swedish hydropower
reserves gained at a faster pace than normal last week as more
rain and water from melting snow increased production capacity at
reservoirs.

Norwegian reservoirs feeding hydroelectric plants rose for
an 11th week, increasing by 7 percentage points to 80.4 percent
full, according to data on the Web site of power exchange Nord
Pool ASA. Reserves typically gain 4.8 points in the period.


Read more at Bloomberg Energy News

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